Five lawyers who focus on the sector will join the firm in April, bringing its European secondaries headcount to 15.
2 min read · 25 March 2019
A GP-led deal in the music royalties space shows how adventurous secondaries investors are getting and how readily existing deal types can be applied to new asset classes.
2 min read · 07 March 2019
Andy Shore, a Secondaries Investor Young Gun of 2018, is understood to be joining Kirkland & Ellis as a partner.
1 min read · 08 February 2019
Goldman Sachs and Hamilton Lane’s backing of a $1.35bn VC directs deal shows it is no longer a place where buyers struggle to write big tickets.
2 min read · 06 December 2018
Secondaries firms are among those who benefited from 10 years of post-crisis growth.
6 min read · 23 October 2018
The increasing acceptance of GP-led deals has opened up opportunities in the smaller end of the market, but unique challenges arise when dealing with smaller funds.
2 min read · 18 October 2018
At a secondaries-themed breakfast we found that, unlike the pastries, changes to US tax rules are not going down well.
2 min read · 04 October 2018
Holding tax on effectively connected income has significantly increased the time taken to execute deals, according to intermediary Elm Capital.
2 min read · 25 September 2018
Expect a document that gets into the weeds when the LP body issues its best practices for fund restructurings.
3 min read · 21 September 2018